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Decision-making Process in Infrastructure Projects and Losses due to Delayed Decision-making in Public Sector Projects of Pakistan

Author

Listed:
  • Rashid Kamran
  • Muhammad Qasim
  • Muhammad Usman Latif
  • Waqas Shabeer

Abstract

In recent years, the subject of decision-making in public infrastructure projects has become an important topic not only in project management but also in programme and portfolio management literature. Today, interdisciplinary projects are becoming a key focus in the collection, design and execution of government-sponsored programmes. With the various underlying risks and uncertainties, developed countries greatly depend on strategic planning regarding decision-making in infrastructure projects, whereas, in developing countries, the public sector programmes and projects are greatly affected by the lack of standardised and robust decision-making. This is primarily due to the lack of expertise to deal with the increasing complexity of the projects. This article aims at analysing the decision-making process in infrastructure development programmes/projects and discusses the factors affecting the decision-making process and thereby statistically chalking out the key losses caused by the delay in decision-making process in the public sector infrastructure projects of Pakistan. The findings will contribute towards understanding the criticality of decision-making process and mitigating the delay factors by encouraging to introduce standardisation in decision-making processes in the public sector. JEL Classification: C51, D7, D91, L74, O18

Suggested Citation

  • Rashid Kamran & Muhammad Qasim & Muhammad Usman Latif & Waqas Shabeer, 2022. "Decision-making Process in Infrastructure Projects and Losses due to Delayed Decision-making in Public Sector Projects of Pakistan," Journal of Infrastructure Development, India Development Foundation, vol. 14(1), pages 24-36, June.
    • Handle: RePEc:sae:jouinf:v:14:y:2022:i:1:p:24-36
    DOI: 10.1177/09749306221092533
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    More about this item

    Keywords

    Decision-making; infrastructure development; construction projects; Pakistan; infrastructure project; public sector;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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